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about the congress. speaker boehner said it can't be done unless we cut spending at the same time. having watched this for more than 30 years in congress, what are the odds of avoiding going over the cliff given where both parties are? >> the outside that we won't do it. it's not a matter of faith. it's a matter of consequence. i mean, those who say okay, let's toilet, they are toying with the american economy and with the global economy. and so, i think it is somewhat -- it seems brave to talk about doing that, but the closer you get to that cliff, the less likely it is that your fund the u.s. over it. >> one another in a booklet of brian butler and start. let me ask you about tax reform. he told "politico" last week that a balanced approach are facing sequester with spending cuts and revenue should accelerate tax reform and i believe it's fully possible this year for work on a bipartisan basis, unquote. how does that square with the people who say tax reform is going to lose out because of scheduling and it's asinine anemones sequestering house republicans concern that if they d
ceiling, speaker boehner says it can't be done unless we cut spending at the same time. so having watched this for more than 30 years in congress, what are the odds of actually avoiding going over the cliff given where both parties are? >> i think toeds are that -- i think toeds are that -- the odds are that we won't do it. >> as a matter of faith? >> it's a matter of faith, it's a matter of consequence. i mean, those who say, okay, let's toy with that, they're toying with the american economy, and they're toying with the global economy. and so i think it's somewhat -- it seems brave to talk about doing that, but the closer you get to that cliff, i think the less likely it is that you'll find the u.s. over it. >> let me ask one over, then we'll go to rick and brian to start. let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who s
come and speaker boehner i think would be supportive, and to get something done. >> i really agree with that. in a curious way, both sides need each other. why do i say that? because the debt limit has to be extended. simply has to be. this is not our future spending. this is about spending that's already been done. the question here is are we going to pay the bills we have already racked up. clearly we have to do that. the consequences of our failure to extend the debt limit would be extraordinary. but to do that you've got to get votes of people in the house of representatives. and they are insisting on additional spending we strength. in fact, we need additional spending we strength. i think of anything is clear from the charts i put up here is we have got to get some additional we strength on the entitlement side of our budget. and so it does lend itself to a compromise, one in which there is additional revenue, not from raising rates, but through tax reform, which happily is something the country needs anyway. does anybody believe this tax code that we've got makes any sense a
boehner promised peter king and other northeast lawmakers that he he would move the bill quickly of after pulling it from the floor at the last minute in the wake of the fiscal cliff vote that saw most republicans vote against the speaker right around new year's day. >> host: so, eric wasson, do they have the votes then for this next round of relief? >> guest: well, the proponents of the bill say they're confident. of course, we'd expect them to say that. but i think most likely they do. they have at least 14 republican lawmakers from the northeast, they probably have all the democrats. they just need to get, you know, some others, and i think most of the appropriations committee, you know, hal rogers is behind this bill, he crafted it. so there's no earmarks and there's no pork. so i think so. i think some of the minor amendments, stripping the couple million dollars stripped out for weather service and other people view as not sandy-related may pass, but i don't think they're viewed as killer amendments in the senate. the key amendment to look will be one from representative mick mulvan
Search Results 0 to 3 of about 4